DENNY PLACE & WILLOW WOOD APARTMENTS

17-unit Denny Place & 19-unit Willow Wood Apartments were acquired by Hampstead in 2013 as part of a larger portfolio acquisition. The 36 units are targeted to families at or below 60% AMI. Financing of the acquisition and over $40,000 per unit rehabilitation included tax-exempt bonds, LIHTC, and Los Angeles CRA.